Digital asset investment products saw a fourth consecutive week of outflows with $54 million withdrawn, bringing total outflows to $200 million, or 0.6% of total assets under management, according to the latest CoinShares Digital Assets Fund Flows Report.
Digital asset investment products saw a fourth consecutive week of outflows ($54 million), bringing the total outflow to $200 million, or 0.6% of total assets under management (AuM), according to the latest CoinShares Digital Assets Fund Flows Report.
Bitcoin saw outflows totalling $38 million, representing 80% of all outflows over the period, which when combined with short-bitcoin outflows, highlights that the recent investor activity has almost solely been focused on the asset.
Inflows across eight different altcoin assets were seen during the week, suggesting that investors are becoming more adventurous in their choice of digital assets.
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